Q: Thoughts on an ETF for cash in a RESP that wont be required for 2-3 years. Would VBAL be a good choice?
5i Research Answer:
With a short time frame noted, we think VBAL would be a solid choice, with a 60/40 equity/bond mix allowing for some diversification and lower volatility vs a pure equity fund, which we would not suggest for a timeframe < 3 years.